Colin Bennett is an Iowa native now based in Santiago, Chile. Over the last 10 years Colin has covered a variety of topics in Chile and other Latin American countries. Food and the industry behind it has emerged as one of his favorite subject matters, from seafood to fruit, farming to retail. Colin enjoys examining the details which make the difference for these global industries that call Chile and its neighbors home.
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Chile is moving forward with plans to limit bottom-trawling in the country, despite warnings from one of the nation's largest unions that tens of thousands of jobs could be lost or affected by the decision.
Chilean authorities announced in January of this year that it would limit bottom-trawling in 98 percent of its exclusive economic zone (EEZ). The changes were set to take effect in September, and Chilean Fisheries and Aquaculture
… Read MoreAn escape of 650,000 salmon after a storm in July will result in a USD 3.5 million (EUR 3 million) reduction in Marine Harvest’s Chile operational earnings before interest and taxes (EBIT) for the second half of 2018, according to the company. A deadline to catch 10 percent of the escaped fish or risk facing further penalties is set to expire on 3 September.
The company reported the reduction in its earnings report for the first half of
… Read MoreA sudden change in regulations that would affect the density allowed in Chilean salmon farms has riled the industry.
Chilean Minister of Economy, Development and Tourism Josè Ramòn Valente confirmed the government’s plan to move forward with changes to rules on salmon-pen density limits at a meeting with representatives of 23 salmon farmers that operate in Chile’s salmon-producing regions. Valente confirmed that
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